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Peter Haslag

Peter Haslag is an assistant professor of finance at Vanderbilt University’s Owen Graduate School of Management. His research interests include corporate finance, human capital, and financial markets. Peter received his PhD from Washington University in St. Louis.
Antitrust and Competition

Firms Sharing Board Members Can Collude To Reduce Worker Mobility

Taylor Begley
In new research, Taylor Begley, Peter Haslag, and Daniel Weagley find that when firms begin sharing a common director, there is a significant reduction in the number of employees that switch jobs between the two companies. The reduction is largest when the firms compete in the same labor market and for those employees who are most costly for firms to replace. The results show the link between overlapping board members and anticompetitive labor practices is a surprisingly widespread phenomenon.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

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